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19th September 2014
In a letter to the Evening Standard, Dr David Lutton, the director of policy at London First argues that the property tax system needs reforming.
19th September 2014
Deborah Mattinson of research group Britain Thinks claims that older people are flocking to London rather than moving to quiet seaside towns, traditionally associated with being havens for retirees. She commented “Older people can afford London. Often they’ve got property, which means that they don’t have to worry about where they live. They like the atmosphere, they like its diversity, they like what it has to offer culturally. They like everything about it”.
Evening Standard (15/09/14)
19th September 2014
An Asian property developer is preparing to submit a planning application for a three-tower residential project on the Isle of Dogs, at Manilla Street and Marsh Wall.
12th September 2014
A new report from Savillshas forecast that the number of homes sold in London for £1m or more will increase by almost half by 2018 amid rising house prices and prosperity in the capital.
12th September 2014
Savills has reported that house prices in “prime” central London locations have risen 141% since 2003, while prices in other areas of London have risen 56% over the same period. A total of 7,500 luxury homes were sold last year, up from 1,800 in 2003. "Even in comparison to the recovery following the early 1990s downturn, prime central London was particularly quick out of the blocks after the last downturn," said Savills researcher Sophie Chick.
The Daily Telegraph (10/09/2014)
12th September 2014
Former council tenants who exercised their "right-to-buy" on London estates set to be bulldozed claim they face a financial “nightmare” because they are being offered, in some cases, less than half of the value of their properties.